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5 Beds
0 Baths

$975,000

937 3rd Street, South Lake Tahoe CA, 96150

Price per sqftN/A
Built in1949
Property typeMulti-family

Overview

Active

Listed Aug 26, 2026

Updated Aug 27

937 3rd Street is a four-unit multifamily investment property in South Lake Tahoe featuring a diversified unit mix of one two-bedroom/one-bath apartment, three one-bedroom/one-bath apartments, and a rented commercial yard. The property's current residential rents are well below prevailing market levels, offering investors meaningful potential income upside. Three apartments are occupied on month-to-month terms, while the one-bedroom unit associated with the garage is on an annual lease. All units are individually metered, and three of the four units feature washer/dryer hookups. Built in 1949, the two-story, 2,228-square-foot building sits on approximately 0.50 acre and provides existing in-place income, a garage component, and additional revenue from the yard.

$6,487/mo

Est. mortgage payment based on a $975,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
143408
Available since
January 1, 1800

Interior Features

Bedrooms
5
Bathrooms
0
Heating
Yes
Basement
No

Exterior Features

Lot Size
0 Acres

Listed by NAI Tahoe Sierra, Scott S Fair,
Listing Contact: 530-525-2304 

Based on information from the South Tahoe Association of REALTORS® MLS as of 3:59 AM UTC, 8/27/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Michael Keller shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 South Tahoe Board of REALTORS®. All rights reserved.

Data last updated 3:59 AM UTC, 8/27/2026

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